U.S. Dairy Exports Up 15%
As global markets improved in the second half of 2016 and Europe and Oceania saw milk production declines, U.S. dairy exporters boosted volume in a number of key products and markets. In the second half of the year through November, total U.S. dairy export volume was up 15% year-over-year.
During the latest five-month period, exports of nonfat dry milk/skim milk powder (NDM/SMP) were up 25%, exports of dry whey were up 36%, shipments of whey protein concentrate (WPC) were up 28% and sales of whey protein isolate (WPI) were up 39%. Meanwhile, cheese exports finally moved above year-ago levels in October; in the latest two months, U.S. cheese shipments were up 7%.
The graph shows notable gains in the latest five-month period.
Overall U.S. export value was $429 million in November, up 14% from a year earlier. U.S. dairy exporters shipped 168,706 tons of milk powders, cheese, butterfat, whey and lactose in November, the most in 18 months, and topping year-ago levels for the sixth straight month.
Click here to see USDEC’s monthly trade data summary, which has additional analysis of export trade trends.